5Star Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by 5Star Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 24 | $4.1M | $170K | 27.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 16 | $6.6M | $412K | 18.2% |
| 332510 | Hardware Manufacturing | 8 | $11.0M | $1.4M | 9.1% |
| 812112 | Beauty Salons | 8 | $1.4M | $169K | 9.1% |
| 561311 | Employment Placement Agencies | 8 | $1.2M | $150K | 9.1% |
| 722330 | Mobile Food Services | 8 | $400K | $50K | 9.1% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 8 | $2.8M | $350K | 9.1% |
| 312120 | Breweries | 8 | $3.9M | $489K | 9.1% |
Geographic Distribution
SBA lending activity for 5Star Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Colorado (CO) | 72 | $27.3M | 81.8% |
| South Dakota (SD) | 8 | $2.8M | 9.1% |
| District of Columbia (DC) | 8 | $1.2M | 9.1% |
Why Choose 5Star Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 88 SBA loans approved, totaling $31.3M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Snack and Nonalcoholic Beverage Bars, Hardware Manufacturing
- ✓Competitive Terms: Average interest rate of 6.89% with flexible term lengths averaging 100 months
- ✓Loan Range: Loan sizes from $50K to $1.4M, with an average of $356K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in CO, DC, SD
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about 5Star Bank SBA lending
What types of businesses does 5Star Bank typically finance?
5Star Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, snack and nonalcoholic beverage bars, hardware manufacturing, beauty salons. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are 5Star Bank's typical SBA loan terms?
5Star Bank's SBA 7(a) loans typically feature an average interest rate of 6.89% and average term length of 100 months (approximately 8 years). Loan sizes range from $50K to $1.4M, with an average loan size of $356K.
Do I need a business valuation for a 5Star Bank SBA loan?
Yes, 5Star Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does 5Star Bank compare to other SBA lenders?
5Star Bank has originated 88 SBA loans totaling $31.3M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does 5Star Bank lend in?
5Star Bank provides SBA 7(a) financing with particularly strong presence in CO, DC, SD. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.